Colorado Home Buyers Can Earn up to 2% Cash Back from SavingStreet Realty; Up to $5000 on an Average Home Price of $250,000.

Colorado Home Buyers Can Earn up to 2% Cash Back from SavingStreet Realty; Up to $5000 on an Average Home Price of $250,000.

New on-line service puts MLS listings and time-saving tools at buyers’ fingertips.

Denver, CO (PRWEB) August 18, 2003 -- Home buyers will receive up to 2% cash back when they buy their ideal home using SavingStreet.com, Colorado’s new internet real estate resource. Initially, SavingStreet gives buyers on-line access to all the homes listed for sale in the MLS (Multiple Listing Service) for the Greater Denver Metropolitan and Boulder areas. Other regional MLS listings will be added in the coming weeks and months.

SavingStreet provides great new tools to help potential buyers narrow their search and easily schedule home showings with listing agents. Buyers who do their homework and use the site to narrow their search will be eligible to receive up to 2% cash back of the purchase price. That’s $5,000 for an average home price of $250,000.

“The concept behind SavingStreet Realty is to help potential home buyers and traditional real estate agencies make the entire process more efficient. By motivating potential buyers to take more control and learn more about the neighborhood and the home they want to buy, www.SavingStreet.com saves buyers a LOT of money. It also saves our real estate agency partners a lot of time and work,” noted Mike Gavelek, one of SavingStreet’s founders, who is also managing the marketing for the company with the assistance of Exito Marketing.

Traditionally, buyers would spend days driving around looking for the ideal neighborhood and home, usually with an agent. Each buyer is looking for specific things and until now, information like pictures of neighborhoods and homes, school reports, crime reports, and proximity to activities were not readily available.

“SavingStreet.com eliminates the trial and error of finding the right neighborhood and home by providing visitors all the information they need, and makes the information very manageable with many easy-to-use tools. With SavingStreet, buyers can find out everything they want to know about a neighborhood, before they launch their home search,” said Ken Klispie, project team leader from Indigio Group, Inc. responsible for building the state-of-the-art SavingStreet website.

Not only does SavingStreet Realty provide cash back to buyers, it also gives home sellers a lower-cost alternative to the traditional commission of up to 6% to sell their home. If a seller uses SavingStreet Realty to find an agent to sell his or her home, the commission would only be 4.8%.

The launch of SavingStreet Realty mirrors what has happened in the travel industry. “By giving actual buyers and sellers more opportunity to do their own shopping, inefficiencies are taken out of the process,” says Mark Sotir, former COO of Budget Rent A Car, who is also a partner. “With SavingStreet, the traditional listing agents will benefit as well, as work is going to be taken out of the system and SavingStreet will be delivering highly qualified and motivated buyers.”

Along with the significant marketing investment behind the launch, Gavelek is confident that earning a rebate of up to 2% is so great that ‘word of mouth’ will build awareness. The company will even offer a $200 bonus when clients refer a friend who buys a home through SavingStreet.

Media Contact:                   
Kimberly Mulcahy
(630) 393-0732

Business Development Contact:
Mike Gavelek
(303) 785-3800